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Currency plunge comes as energy shock from the Iran war casts a cloud over Southeast Asian economies
Central bank says it will stop reducing level of monthly bond purchases from next year
After Andy Burnham took a giant leap toward becoming the UK’s next prime minister, focus is turning to how the team he’s assembling could shape the country’s economic policies
Strategists expect the yen and government bonds to remain under pressure while Japan’s stocks continue to find support following the Bank of Japan’s decision to raise rates on Tuesday
The IMF said stablecoin adoption in Nigeria is testing monetary and regulatory frameworks, while warning of digital dollarization risks
The U.S. central bank is widely expected to hold interest rates steady at Kevin M. Warsh’s first meeting as chairman
Cuba's Communist Party has signed off on a package of free market reforms. One member called the changes a response to "economic war," while the party said they were not a "deviation" from the socialist project
European Investment Bank President Nadia Calviño discusses the lender’s investment in security defense, tech and energy projects in an interview with Bloomberg TV’s Guy Johnson. She said the UK’s exit from the European Union is partly responsible for the EU’s failure to integrate its capital markets. “We shouldn’t underestimate the importance of Brexit,” Calviño said on Wednesday. “London was Europe’s financial market, and after Brexit we have divided our forces.” (Source: Bloomberg)
The European Parliament has approved cutting tariffs on many US imports to comply with a deal signed last year. US President Trump had given the bloc a July 4 deadline to meet its side of the deal
Emergency stockpiles of crude oil in the United States have hit the lowest level they have been since the 1980s, as the oil and gas markets grapple with the fallout from the war in Iran. The monthslong conflict disrupted more than 11 million barrels per day of oil from global trade, threatening supply worldwide and […]